At one point, the Jiantao multilayer board rose by more than 6%. Previously, J.P. Morgan covered the company for the first time and gave it an “increase in holdings” rating. The target price was HK$65, with room for an increase of about 41% from Tuesday's closing price. J.P. Morgan predicts that its earnings per share will increase 8 times between 2025 and 2028. The core drivers include rising copper plate prices, production capacity expansion, and a 75% increase in the scale of loom equipment over the next 2 years. J.P. Morgan predicts that the shortage of fiberglass cloth will continue until at least 2027, while the supply and demand tension for high-end electronic grade copper foil will increase from 2027-2028.

At one point, the Jiantao multilayer board rose by more than 6%. Previously, J.P. Morgan covered the company for the first time and gave it an “increase in holdings” rating. The target price was HK$65, with room for an increase of about 41% from Tuesday's closing price. J.P. Morgan predicts that its earnings per share will increase 8 times between 2025 and 2028. The core drivers include rising copper plate prices, production capacity expansion, and a 75% increase in the scale of loom equipment over the next 2 years. J.P. Morgan predicts that the shortage of fiberglass cloth will continue until at least 2027, while the supply and demand tension for high-end electronic grade copper foil will increase from 2027-2028.